Resilinc

MARCH 26, 2024

In this blog, we explore the different types of predictive AI models for supply chain risk management. Currently, Resilinc uses several predictive AI models in tracking purchase orders (POs) and commodities, autonomous mapping, risk-scoring models, and simulators. Welcome to part three of our AI in Supply Chain blog series.

Modeling 107

Modeling Supply Chain Risk Management Modeling Software Risk Management 107

Enterra Insights

AUGUST 29, 2023

… Aside from changing the physical elements of ports and infrastructure to protect against impending climate change, manufacturers can shift their own strategies to adapt. Only then can they determine the ideal location for sourcing — not just those that seem most convenient.

Risk Management 130

Risk Management Waste Reduction Supply Chain Planning Software Cost Reduction Strategies 130

Supply Chain Game Changer

NOVEMBER 2, 2022

Supply Chain Risk Management is a Cirque Du Soleil Calibre Act! In fact, 89% of businesses encountered a supplier risk event in the last five years. But not all companies are prepared for this level of risk and complexity. That’s where supply chain risk management software comes in. Manufacturing.

Supply Chain Planning Software 96

Supply Chain Planning Software Risk Management Supply Chain Software Predictive Analytics Software 96

Resilinc

JUNE 11, 2023

Do you ever get confused when people use the terms supply chain risk management (SCRM) and supply chain resilience? When you break down these two concepts into their various components, both involve mitigating risks in your supply chain—such as extreme weather , ESG risks , and geopolitical risks.

Supply Chain Risk Management 93

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Design Software 93

Resilinc

DECEMBER 5, 2023

For example, in the life sciences industry, biopharma companies increasingly rely on contract manufacturing and development organizations (CDMOs) to address biologics manufacturing production and capacity demand. Then, we look at where each company is manufacturing, housing, assembling, and testing.

Supply Chain Risk Management 75

Supply Chain Risk Management Risk Management Modeling Agile and Lean Supply Chain 75

ivalua

MAY 11, 2021

Risk management, cost reduction and digital transformation — these are the three top priorities for procurement organisations in the Middle East today, according to a global survey conducted by Ivalua’s global partner PwC. Strategic Investments Target Risk Reduction. Striking the Balance between People, Process and Technology.

Optimal Sourcing 130

Optimal Sourcing Manufacturing Procurement Procurement Solutions Procurement Analytics 130

ivalua

JUNE 10, 2020

Supply chain management and procurement sit poised on the frontlines of managing global supply risks for their brands. A reliable supply chain can decrease purchasing and production costs for manufacturers and sellers. Understanding Supplier Risk Management. Managing Risk at Every Step.

Risk Management 147

Risk Management Optimal Sourcing Manufacturing Procurement Waste Reduction 147

QAD

APRIL 22, 2021

Recent business turbulence has increased the awareness among manufacturers for improved communication and collaboration with suppliers. This is certainly true in the area of strategic sourcing where procurement teams rely heavily on manually intensive efforts to identify and select suppliers. Boost Long-term Supplier Relationships.

Manufacturing Procurement 97

Manufacturing Procurement Optimal Sourcing Negotiating Skills Purchasing Skills 97

Exiger Perspectives

OCTOBER 31, 2024

How is AI changing supply chain risk management , and what does it mean for the future? Arjun Mehta: How is AI impacting supply chain risk management? But we boil everything down to risk scores so that you don’t have to be an accountant to know that there’s a financial health issue with a vendor.

Supply Chain Risk Management 52

Supply Chain Risk Management Supply Chain Planning Software Risk Management Supply Chain Software 52

Exiger Perspectives

JULY 15, 2024

Building Security and Resilience: Supply Chain Risk Management for Critical Infrastructure July 15, 2024 Case Study Table of Contents Introduction Critical functions, such as information and communication technology, energy, financial services, and transportation networks, underline much of our economic and national security fabric.

Supply Chain Risk Management 52

Supply Chain Risk Management Risk Management Security Supply Chain Software 52

Exiger Perspectives

OCTOBER 7, 2024

We applaud AHA’s efforts to identify effective solutions for their members and are excited to be named a Preferred Cybersecurity Provider.” “T he frontier of cyber supply chain risk management has emerged as one of the biggest obstacles and opportunities to unlocking patient care of the future.

Supply Chain Risk Management 52

Supply Chain Risk Management Supply Chain Network Software Supply Chain Software Risk Management 52

Unleashed

DECEMBER 7, 2020

What is supply chain risk management? Supply chain risk management is the process of identifying and managing issues within a supply chain. ordinated approach to implementing strategies to manage both daily challenges and unique risks. Who needs to understand supply chain risk management?

Supply Chain Risk Management 76

Supply Chain Risk Management Supply Chain Planning Software Risk Management Supply Chain Design Software 76

Arena Solutions

OCTOBER 10, 2024

Succeeding at Strategic Sourcing With Arena and Part Analytics Learn more about the integration between Arena and Part Analytics here. Full transcript below: Heatherly Bucher Welcome to our session on Succeeding at Strategic Sourcing. Engineering and sourcing professionals build the platform for engineering and sourcing.

Analytics Software 61

Analytics Software Negotiating Skills Sourcing Strategies Purchasing Skills 61

QAD

JULY 13, 2021

I caught up with a former colleague recently to discuss her procurement project which comprised a year-long strategic sourcing engagement. Although she and her team had delivered on a number of procurement objectives through strategic sourcing, she was uncertain where efforts on the supply base should focus next.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Sourcing 98

ivalua

OCTOBER 17, 2022

Ivalua, a global leader in spend management, today announced that it has been selected by Swedish steel manufacturer SSAB to further improve the efficiency of its procurement processes and uphold and strengthen supply chain risk management thanks to Ivalua’s Source-to-Contract (S2C) solution. Follow us at @Ivalua.

Optimal Sourcing 130

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Supply Chain Optimization 130

Kinaxis

NOVEMBER 11, 2016

states, obvious disruptions to supply chains and supply chain risk management were a given. This powerful feature lets a supplier or manufacturer see what would happen if the ports all closed, or the delivery mechanisms could not embark. The post Supply Chain Risk Management: Could You Face a Category 4 Supply Chain Disaster?

Supply Chain Risk Management 275

Supply Chain Risk Management Supply Chain Planning Software Risk Management Supply Chain Software 275

Kinaxis

OCTOBER 1, 2014

by John Westerveld Reason #5: Not having a supply chain risk management process. Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money. Supply chain risk management is like insurance. Comment back and let us know!

Supply Chain Risk Management 255

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Design Software 255

Supply Chain Matters

APRIL 22, 2024

From a supply chain sourcing perspective, a consistent theme in media reporting has been exploration or hints for added Apple supply chain sourcing. Production currently sourced include products such as iPad , AirPod and the Apple Watch. These latest overtures for new sourcing activities can be interpreted in many dimensions.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Sourcing Indonesia 52

Supply Chain Matters

JULY 18, 2023

Supply Chain Matters highlights a published report indicating that PC maker Hewlett Packard is modifying supply sourcing akin to China Plus and nearshoring sourcing actions. That would include alternatives to China under the umbrella of either China Plus or de-risking sourcing changes.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Manufacturing Procurement Supply Chain Strategy 52

Resilinc

OCTOBER 26, 2021

To research, develop, produce, and distribute its pharmaceuticals, vaccines, and consumer healthcare products, the firm has “a massive global footprint, sourcing ingredients and commodities from all over the world,” said Gupta. From reactive issue management to proactive strategy. And probably that’s our weakest link.”.

Pharmaceutical 62

Pharmaceutical Supply Chain Risk Management Risk Management Supply Chain Planning Software 62

EC Sourcing Group

OCTOBER 27, 2020

In that case, they are essentially the preparation and processing of a demand needed to manufacture a good or end process that is meant for a consumer. Because there are so many steps along the way, many risks need to be analyzed. . Supply Chain and Risk Management Software : Identifying Risk. Analyze the risks.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Software Supply Chain Planning Software Risk Management 52

SYSPRO Smarter ERP

MARCH 27, 2023

Instead of the old vertically integrated business models (where one manufacturer performed most activities), international supply chains using specialized suppliers led to lower costs of production and services, improved quality, and better pricing. Many companies are failing to manage their second and third-tier suppliers.

Manufacturing Procurement 104

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Modeling 104

SYSPRO Smarter ERP

APRIL 11, 2022

Over the last decade, the role of the manufacturing and distribution CFO has undergone a profound shift. CFOs have traditionally been viewed as back office number crunchers and financial risk managers. Here’s ERP ROI for the manufacturing and distribution CFO: 1. Managing cashflow and maximizing profitability.

Manufacturing Procurement 105

Manufacturing Procurement Distribution Supply Chain Design Software Manufacturing 105

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. These activities involve numerous stakeholders, such as suppliers, manufacturers, distributors, and retailers.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

SYSPRO Smarter ERP

NOVEMBER 14, 2022

It is no secret that the manufacturer and distributor sectors have been some of the hardest hit by the global health crisis and recent geopolitical instability. Tackling the various hurdles faced by manufacturers and distributors requires a strategic approach. Implementing innovative cost-saving for a manufacturer.

Manufacturing Procurement 116

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 116

Supply Chain Game Changer

FEBRUARY 5, 2020

For example, robots performing key process steps in manufacturing plants” ( arkieva.com 2017 ). AI + Data = Supply Chain Risk Management. It will have specific attributes that render it searchable for a reader interested in learning more about the topic of focus; in this case AI, Data, and Supply Chain Risk Management.

Supply Chain Risk Management 73

Supply Chain Risk Management Risk Management Supply Chain Software Gartner 73

Logility

OCTOBER 29, 2021

With the right technology, process manufacturing strategy, planning, and management can be simplified. Manufacturers have been through a trial by fire with supply chain disruptions and changes in demand during the past two years. 4 Digital Solutions That Address the Top Challenges for Process Manufacturers.

Manufacturing Procurement 130

Manufacturing Procurement Forecasting Supply Chain Planning Software Forecasting Software 130

QAD

JUNE 4, 2020

This article was co-written by Cathy Fisher , founder and president at Quistem , a global expert in quality management systems. COVID-19 has disrupted manufacturing operations worldwide. The automotive industry was shut down and many other manufacturing sectors have been severely impacted.

Manufacturing Procurement 145

Manufacturing Procurement Beverage Food Manufacturing 145

QAD

JUNE 4, 2020

This article was co-written by Cathy Fisher , founder and president at Quistem , a global expert in quality management systems. COVID-19 has disrupted manufacturing operations worldwide. The automotive industry was shut down and many other manufacturing sectors have been severely impacted.

Manufacturing Procurement 145

Manufacturing Procurement Beverage Food Manufacturing 145

ivalua

FEBRUARY 8, 2023

Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Work to achieve 100% supply chain visibility.

Manufacturing Procurement 242

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Optimal Sourcing 242

Enterra Insights

APRIL 4, 2018

Globalism has been a boon to the supply chain by expanding sourcing, opening new markets, accelerating growth and highlighting opportunities to save money. ” Taken as a whole, the issues raised by Monahan and Gott are enough to keep any risk manager awake through the night. ”[2] Those risks are: 1.

Risk Management 100

Risk Management Supply Chain Design Software Supply Chain Planning Software Analytics Software 100

Supply Chain Game Changer

JUNE 16, 2020

While most jobs are not life threatening the level of risk is still prevalent. What are the risks that Supply Chain people deal with every day and what is Supply Chain Risk Management? Supply Chain Risk Management. I didn’t know it at the time but this was Supply Chain Risk Management.

Supply Chain Risk Management 57

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Design Software 57

Supply Chain Collaborator

JUNE 25, 2020

Will the trend toward a return to “regional manufacturing” boost volumes in over the road transportation in North America as manufacturers move away from Asian overseas operations? As a result, a new focus on network resilience and the idea of more regional manufacturing emerged.”. This strategy is not without its risks though.

Manufacturing Procurement 142

Manufacturing Procurement Manufacturing Gartner Supply Chain Network Software 142

ShipBob

DECEMBER 28, 2022

Where you get these from, or how you source them, can be a huge decision. Sourcing can seem overwhelming if you’re a brand or retail buyer not entirely sure what you’re doing, but it can significantly impact the quality, cost, and availability of your products. What is strategic sourcing? What is procurement?

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Purchasing Skills Material Savings 52

Logistics Viewpoints

OCTOBER 17, 2024

Access to Unique Process and Asset Capabilities: Some suppliers offer unique skills, technologies, or processes that are not available in-house or through other sources. For instance, suppliers may have strong Vendor Management process expertise that will help reduce working capital. Nari Viswanathan is Sr.

Manufacturing Procurement 239

Manufacturing Procurement Supply Chain Planning Software Material Savings Supply Chain Design Software 239

ThroughPut

OCTOBER 1, 2020

What is Supply Chain Risk Management? Supply Chain Risk Management (SCRM) is defined as the process of taking those strategic steps which can help manufacturers identify, analyze, assess, and finally mitigate the risk in the end-to-end supply chain. The Supply Chain Risk Management Lifecycle.

Supply Chain Risk Management 52

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Design Software 52

Arena Solutions

MARCH 5, 2024

Data Integration: The Ultimate Challenge In today’s rapidly evolving world, effective collaboration between engineering, sourcing, and the supply chain is paramount, particularly when it comes to managing costs and mitigating risks in the electronics industry. This divergence in data sources can lead to a host of issues.

Sourcing Strategies 108

Sourcing Strategies Analytics Software Analytics Supply Chain Design Software 108